That being said, the above chart is the reason you don’t buy on hype or let your emotions lead your investment mind.
Be the smart money. Do your homework. Know why you buy a stock, under what conditions you’ll sell it, and be sure it’s part of a long term diversified strategy.
This article is how to plan for a 30 Year Retirement, with some great suggestions about the retirement plan you create.
One of the best things I do for my clients is the planning, creation, and monitoring of a retirement plan. This is not only before retirement, but after as well.
If you don’t have a retirement plan already, my best advice is to get one as soon as possible, and I’m always here to help.
I have clients of all portfolio sizes, ages, employment, and stages of life.
What I like to do is make a difference in someone’s life. Frankly, it’s just as rewarding for me to work with a young couple who are serious about planning and saving for their future as it is to manage portfolios and wealth for business owners and retirees.
Don’t be shy. If you’re curious about whether we’d be a right fit, give me a call and we can talk. It would be a great honor.
In the movie “City Slickers”, Curly is asked what the meaning of life is. He replies “One Thing”.
It’s my belief that your financial success is so much more than just investments. That’s why I named my company “Generosity Wealth Management” instead of “Generosity Investment Management”. I feel 80% of acquiring and preserving wealth is behavior, not chasing after the home run investment.
A colleague here at the office said “funny, the harder you work the luckier you seem to get”. I couldn’t agree more.
My video this week is about the importance of finding the “one thing” that you’re doing that is holding you back from financial success. It’s also about the “one thing” that you’ve done to make yourself successful–continue doing that!
Link to blog I reference in my video
TRANSCRIPT:
Hi there, Mike Brady with Generosity Wealth Management, here in Boulder, Colorado. And I this week I want to talk about finding your one thing!
And I was inspired to do this video by a friend who writes a blog, which I think is just wonderful and I’ll post the link up on this video and in my newsletter. But he was quoting City Slickers, where Curley, who’s this kind of older cowboy, and he’s asked what the, you know, what the secret what is the secret of life is, of happiness, and he says, “it’s just one thing.” And the person says, “What is that one thing?” And he’s like, “that’s for you to figure out.”
And it’s my belief that so much of being successful in life and being successful financially is behavioral. You need to find out what you’re doing if you’re already successful, if you’re well on the way to saving for your retirement or you’ve retired, and there’s just, you know, you’re going to be fine for the rest of your life, and because you’ve accumulated a good amount of money for your retirement, then continue doing what it is that’s gotten you this far. If, on the other hand, you are hoping to retire, or you look at your finances and you say to yourself, “gosh, what am I doing wrong? Why is it that I’m making one hundred thousand dollars a year and I have a bunch of credit card debt and I have a piddly saving, and I just can’t seem to get ahead…” Well, you know what, it’s probably not that you’re making the wrong investments, which, that might be one of them. But really you have to ask, why are you spending too much money? OK? And so, inside your life there is probably one, maybe even two things that you’re doing that’s holding you back. You’ve got to figure out what it is.
And I can help you find that out, if you need some guidance. But what is that one thing that’s going to make you successful? What is that one thing that has made you successful? And it’s probably not this investment or that investment, but it was something that you did behaviorally. It was your attitude, it was the relationship that you had with money. It was something that was probably not that sexy. You know everyone likes to talk about this stock and that stock, you know, around the old barbeque, neighborhood barbeque, but you know what really makes you successful, many times, is something that you’re doing, consistently. And you’ve got to figure that out for yourself, and if you need some help, some guidance, in figuring out what that is, what could hopefully propel you towards reaching your goals, please give me a call and we can try to uncover that.
Mike Brady, Generosity Wealth Management, in Boulder. I’m serving the Boulder, Denver, Longmont area in Colorado- although I have clients in probably ten or elven different states. If you’re in another state and you’re wondering if I’m interested in having you as a client, the answer is, let’s have that conversation and I can always get registered in that state. 303.747.6455.
You have a wonderful, wonderful week! I’ll talk to you later, bye bye now.
The 3rd Quarter 2011 is over and I have a slightly longer video this week because I want to address the current environment and how things may shape up going forward.
A big theme is my advice to assess your overall plan and risk tolerance, and also to ensure you’re looking at both positive and negative points of view on the markets instead of just one view over the other.
I send my newsletter and videos on a weekly basis, so if you watch only a few througout the year, at least watch my more comprehensive quarterly videos.
Click to watch
I’m hereby giving everyone permission to offend me!
What this conversation led me to understand is that I haven’t done a very good job communicating that Generosity Wealth Management has the knowledge, infrastructure, and expertise to help out your friends, family, and those you care about.
I work with clients seeking to grow, preserve, and distribute their wealth in an efficient manner to ensure the well being of themselves, their family, and their community interests.
I’m here to help and treat every client and prospect as a member of my family.
In case you need a reminder about Generosity, here’s a video I did back in May.